By 2028, the import of bituminous coal to India is forecast to reach 26.093 billion kilograms, beginning from a base of 22.455 billion kilograms in 2024. This demonstrates a steady growth in coal imports, with an annual average growth rate of approximately 3.8% over the five-year period. In context, India imported 21.5 billion kilograms in 2023, illustrating a clear upward trend. The year-on-year increase stands out, particularly between 2027 and 2028, suggesting robust demand driven by industrial requirements and energy consumption growth.
Future trends to watch for:
- Impact of India's renewable energy initiatives on coal imports.
- Potential shifts in global coal supply chains affecting import volumes.
- Policy changes related to environmental regulations influencing coal demand.
- Economic growth rates which may alter industrial energy needs.
